MEDIAAN
ActiveSummary
MEDIAAN has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €99,705 and a net result of €3,818. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 36% of 453 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability42▼-5
Solvency50▲+1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.56 in 2024; short-term debt: 59.2% and cash: 63.8% of total assets), but 75.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 79
Relative position
BE, all sectors
reference
Travel agency, tour operator and other reservation service and related activities (NACE 79)
about 121% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
24.9%
Return on assets
1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-09-2026, 34 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
34 d late
2024
46 d late
2023
10 d late
2022
on the day
2021
3 d late
2020
3 d early
2019
59 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€99,705▲ 4.0%
2024 · €95,887
Total assets
€401,167▼ 1.2%
2024 · €405,933
Net result
€3,818▲ 31.0%
2024 · €2,914
Working capital
€160,824▲ 11.2%
2024 · €144,618
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 79, Travel agency, tour operator and other reservation service and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€2,126▲ 93.6%€15,108€12,222▼ 19.1%€3,439▼ 71.9%€5,612▲ 63.2%
Net result-€13,085within the sector's middle half▲ 64.0%€12,792within the sector's middle half€13,009within the sector's middle half▲ 1.7%€2,914within the sector's middle half▼ 77.6%€3,818within the sector's middle half▲ 31.0%
Equity€67,172within the sector's middle half▼ 16.3%€79,964within the sector's middle half▲ 19.0%€92,972within the sector's middle half▲ 16.3%€95,887within the sector's middle half▲ 3.1%€99,705within the sector's middle half▲ 4.0%
Total assets€333,341below the sector's middle half▼ 17.4%€304,880within the sector's middle half▼ 8.5%€375,405within the sector's middle half▲ 23.1%€405,933within the sector's middle half▲ 8.1%€401,167within the sector's middle half▼ 1.2%
Debt€266,170▼ 17.6%€224,916▼ 15.5%€282,433▲ 25.6%€310,046▲ 9.8%€301,462▼ 2.8%
Working capital€126,137within the sector's middle half▼ 1.4%€115,515within the sector's middle half▼ 8.4%€139,345above the sector's middle half▲ 20.6%€144,618above the sector's middle half▲ 3.8%€160,824above the sector's middle half▲ 11.2%
Solvency20.2%within the sector's middle half▲ 0.3pp26.2%within the sector's middle half▲ 6.1pp24.8%within the sector's middle half▼ 1.5pp23.6%within the sector's middle half▼ 1.1pp24.9%within the sector's middle half▲ 1.2pp
Current ratio1.70within the sector's middle half▲ 0.161.67within the sector's middle half▼ 0.031.60within the sector's middle half▼ 0.061.56within the sector's middle half▼ 0.041.68within the sector's middle half▲ 0.11
Return on assets (ROA)-3.9%below the sector's middle half▲ 5.1pp4.2%within the sector's middle half▲ 8.1pp3.5%within the sector's middle half▼ 0.7pp0.7%within the sector's middle half▼ 2.7pp1.0%within the sector's middle half▲ 0.2pp
Staff (FTE)2within the sector's middle half▼ 28.6%1.4▼ 30.0%1▼ 28.6%1=1=
above
within
below
the middle half (P25 to P75) of NACE 79, Travel agency, tour operator and other reservation service and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 63% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €401,167
Fixed assets
€2,694 ▼ 37.0%
Current assets
€398,473 ▼ 0.8%
Equity and liabilities €401,167
Equity
€99,705 ▲ 4.0%
Debt
€301,462 ▼ 2.8%
Debt's share of the balance-sheet total falls from 76.4% to 75.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€7,191▲
2024 · €6,031
Cash flow
€5,397▼
2024 · €5,507
Debt to equity
3.02▼
2024 · 3.23
ROE
3.8%▲
2024 · 3.0%
Interest coverage
2.59▼
2024 · 3.31
Debt ≤ 1 year
€237,649▼
2024 · €257,043
Debt > 1 year
€53,813▲
2024 · €53,004
Income taxes
€0=
2024 · €0
Staff costs
€89,157▼
2024 · €102,515
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,980 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,980 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €3,016 | - | - | - | - |
| Remuneration, social security and pensions62 | €36,765 | €79,358 | €104,305 | €102,515 | €89,157 | ▼ 13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,846 | €11,802 | €11,651 | €2,592 | €1,579 | ▼ 39.1% |
| Other operating charges640/8 | €3,033 | €1,064 | €857 | €805 | €1,301 | ▲ 61.6% |
| Gross operating margin9900 | €49,518 | €107,332 | €129,035 | €109,352 | €97,650 | ▼ 10.7% |
| Operating profit (loss)9901 | -€2,126 | €15,108 | €12,222 | €3,439 | €5,612 | ▲ 63.2% |
| Financial income75/76B | €34 | €149 | €2,034 | €1,295 | €983 | ▼ 24.1% |
| Recurring financial income75 | €34 | €149 | €2,034 | €1,295 | €983 | ▼ 24.1% |
| Financial charges65/66B | €9,193 | €2,465 | €1,248 | €1,820 | €2,776 | ▲ 52.6% |
| Recurring financial charges65 | €1,693 | €2,465 | €1,248 | €1,820 | €2,776 | ▲ 52.6% |
| Non-recurring financial charges66B | €7,500 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€11,285 | €12,792 | €13,009 | €2,914 | €3,818 | ▲ 31.0% |
| Income taxes67/77 | €1,800 | - | - | €0 | €0 | - |
| Profit (loss) for the period9904 | -€13,085 | €12,792 | €13,009 | €2,914 | €3,818 | ▲ 31.0% |
| Profit (loss) for the period to be appropriated9905 | -€13,085 | €12,792 | €13,009 | €2,914 | €3,818 | ▲ 31.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €333,341 | €304,880 | €375,405 | €405,933 | €401,167 | ▼ 1.2% |
| Fixed assets21/28 | €26,555 | €15,705 | €5,710 | €4,273 | €2,694 | ▼ 37.0% |
| Intangible fixed assets21 | €18,087 | €9,287 | €487 | €487 | €487 | = |
| Tangible fixed assets22/27 | €8,101 | €6,051 | €4,856 | €3,419 | €1,840 | ▼ 46.2% |
| Plant, machinery and equipment23 | €4,454 | €2,764 | €1,442 | €280 | €0 | ▼ 100% |
| Furniture and vehicles24 | €3,647 | €3,287 | €3,414 | €3,139 | €1,840 | ▼ 41.4% |
| Other tangible fixed assets26 | - | - | - | €0 | €0 | - |
| Financial fixed assets28 | €367 | €367 | €367 | €367 | €367 | = |
| Current assets29/58 | €306,786 | €289,175 | €369,695 | €401,660 | €398,473 | ▼ 0.8% |
| Amounts receivable within one year40/41 | €60,575 | €54,766 | €75,984 | €94,632 | €103,951 | ▲ 9.8% |
| Trade receivables40 | €43,374 | €50,397 | €73,456 | €90,839 | €102,237 | ▲ 12.5% |
| Other amounts receivable41 | €17,201 | €4,369 | €2,527 | €3,793 | €1,714 | ▼ 54.8% |
| Cash at bank and in hand54/58 | €246,212 | €234,409 | €288,770 | €289,218 | €255,974 | ▼ 11.5% |
| Deferred charges and accrued income490/1 | - | - | €4,941 | €17,810 | €38,548 | ▲ 116% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €333,341 | €304,880 | €375,405 | €405,933 | €401,167 | ▼ 1.2% |
| Equity10/15 | €67,172 | €79,964 | €92,972 | €95,887 | €99,705 | ▲ 4.0% |
| Contributions10/11 | €80,000 | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Reserves13 | €8,000 | €8,000 | €8,000 | €8,000 | €8,000 | = |
| Non-distributable reserves130/1 | €8,000 | €8,000 | - | - | - | - |
| Reserves not available under the articles1311 | €8,000 | €8,000 | - | - | - | - |
| Distributable reserves133 | - | - | €8,000 | €8,000 | €8,000 | = |
| Profit (loss) carried forward14 | -€20,828 | -€8,036 | €4,972 | €7,887 | €11,705 | ▲ 48.4% |
| Amounts payable17/49 | €266,170 | €224,916 | €282,433 | €310,046 | €301,462 | ▼ 2.8% |
| Amounts payable after more than one year17 | €84,021 | €51,256 | €52,083 | €53,004 | €53,813 | ▲ 1.5% |
| Financial debts170/4 | €84,021 | €51,256 | €52,083 | €53,004 | €53,813 | ▲ 1.5% |
| Amounts payable within one year42/48 | €180,649 | €173,660 | €230,350 | €257,043 | €237,649 | ▼ 7.5% |
| Trade debts44 | €3,719 | €4,677 | €17,658 | €15,127 | €34,360 | ▲ 127% |
| Suppliers440/4 | €3,719 | €4,677 | €17,658 | €15,127 | €34,360 | ▲ 127% |
| Advances received on contracts in progress46 | €161,424 | €142,437 | €169,705 | €169,705 | €146,628 | ▼ 13.6% |
| Taxes, remuneration and social security45 | €12,766 | €22,718 | €22,503 | €24,417 | €22,417 | ▼ 8.2% |
| Taxes450/3 | €4,900 | €5,472 | €7,025 | €6,400 | €4,102 | ▼ 35.9% |
| Remuneration and social security454/9 | €7,866 | €17,245 | €15,478 | €18,017 | €18,315 | ▲ 1.7% |
| Other amounts payable47/48 | €2,740 | €3,828 | €20,484 | €47,793 | €34,244 | ▼ 28.4% |
| Accrued charges and deferred income492/3 | €1,500 | - | - | - | €10,000 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,085 | €12,792 | €13,009 | €2,914 | €3,818 | ▲ 31.0% |
| + Depreciation and write-downs630 | €11,846 | €11,802 | €11,651 | €2,592 | €1,579 | ▼ 39.1% |
| Operating cash flow (approximation) | -€1,238 | €24,594 | €24,659 | €5,507 | €5,397 | ▼ 2.0% |
| Investment in fixed assets (approximation) | - | -€951 | -€1,656 | -€1,155 | €0 | ▲ 100% |
| Change in cash | - | -€11,803 | €54,362 | €447 | -€33,244 | ▼ 7,531% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 34 days late
2025
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 46 days late
2024
10-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 10 days late
2023
31-12
Financial
Highest result since 2018net €13,009 ▲1.7%
Net result €13,009, the highest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €12,792
Net result €12,792 after 2 loss-making years.
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 3 days late
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet -€36,305
Net result drops to -€36,305, the lowest in the series; recovery starts the following year.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 59 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 2 establishment units since 1981
Ground area
2,063 m²
Building footprint
394 m²
Volume, LiDAR
2,897 m³
2 parcels, Flanders · tallest building 21.2 m, ±6 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
DEWI REISBUREAU / ANTWERP CRUISE CENTER / NINAMU TOUROPERATOR / Mediaan (reisbureau)
since 19812.018.309.979
Mediaan (reisbureau)
since 20142.227.137.519
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12015D0463/00T000 | Flanders | 1,999 m² | 1 · 328 m² | 7.9 m · 2 fl. |
| 11802B0375/00K002 | Flanders | 64 m² | 1 · 65 m² | 21.2 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 36,195 EUR awarded · 36,195 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
| 2022 | 2 | 32,195 EUR | 32,195 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
549300ZX67KKTH5KQF47
Similar companies · same sector, comparable size
GOTOUR
BE 0541.935.238
Fontaine-l'Evêque · Eq €99,748
Travel2Go
BE 0777.773.021
Beringen · Eq €99,160
FINANCES ET LOISIRS
BE 0473.867.269
Mons · Eq €100,283
LARIVA
BE 0454.054.129
Wuustwezel · Eq €100,690
DE KIEZEL
BE 0456.817.540
Meerhout · Eq €98,687
Of 1,439 companies in sector 79110 we hold annual accounts for 882. 755 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-12-1980
Fiscal year end31-12
Activities, NACEBEL 2025
79110Travel agency activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0421144306
Registered
05-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.